Financial emergencies can arise at any moment regardless of your social status and financial muscle. Fortunately, instant mobile money loans in Zambia without collateral have become a reliable solution for many.
With the ability to get a loan in 5 minutes in Zambia, these loans offer a quickest, cheapest and convenient way to access funds without the need for traditional banking procedures. Whether you’re looking for online soft loans in Zambia or simply need quick cash, the options available today are more diverse than ever, searching them for you is my specialty.
Our Top 3 very best picks:
Zamcash
Zamcash is ever ranked number one due to its wide range and unrestricted clients. It is the only Instant online mobile money loan in Zambia where every Zambian who is aged 21 and above can apply for a loan and be accepted instantly. The only two qualifications are – N.R.C and an Active mobile money wallet
Zamloan
Zamloan is our second pick. This is due to its quick and cheap online loan disbursement for civil – servants and other permanent salaried workers whose their salary accounts are connected to Zanaco. With Zamloan you can get a loan of more than K20,000 instantly provided that you meet those two conditions mentioned above.
BiuMoney
Biumoney ranks the third in our list of instant mobile money loans in Zambia due to the fact that its interest rate is very minimal and it offers cheapest loans to all civil – servants in Zambia without much consideration of credit history. Take note that Biumoney is a sub branch of Zamcash loans. The only two differences are: – Zamcash is for almost every Zambian while Biumoney is only for Civil servants. If an extension may occur in future we shall update the information on time.
When it comes to the best instant mobile money loans in Zambia, you’ll find that the market is becoming more popular with various services that cater to different needs in different provinces of Zambia. From small amounts to larger sums, mobile loans in Zambia are designed to help you in times of financial need. None can avoid such circumstances, i have gone through the same tough times, thus, i am worthy of ranking them for you. These loans (as we will review) are particularly useful for those who may not have collateral or a formal banking history, making them an accessible option for many Zambians including non government employees.
We have reviewed and ranked the top 13 best instant mobile money loans in Zambia, focusing on their benefits and ease of access. All these loans are due in 30 days. The ranking is based on many factors such as interest rates, loan tenure and time taken for the loan to be processed.
If you’ve ever wondered how to get a loan in 5 minutes in Zambia or are interested in exploring online soft loans in Zambia, this guide is for you. Whether you’re new to the concept we have described below or looking for better options, this comprehensive review will help you make a wise choice. For civil servants your perfect 14 best online instant loans is here.
Here is the list of reliable, fast 13 best instant mobile money loans in Zambia reviewed and ranked in accordance to their tested services:
ZAMCASH (the most accessed instant mobile money loan in Zambia)
We have ranked ZamCash on number 1 not by chance but for a reason. Read more about Zamcash review by following the link we have provided below.
ZamCash stands out as the number one solution (of all time) in Zambia for anyone seeking instant, fast, and non-collateral loans. In fact it is the most accessed instant mobile money loans in Zambia
Whether you are facing unexpected expenses or need quick financial assistance (when people from the village make heavy calls), ZamCash offers seamless, hassle-free loans that put money in your hands when you need it most. Unlike other lenders, ZamCash ensures speed and convenience, with no need for collateral (i have tried it severally). Choose ZamCash for reliable and quick access to funds—where speed meets trust in everywhere in Zambia.
What We Like About ZamCash Loans:
- Instant Disbursement: ZamCash ensures that funds are disbursed instantly (in your mobile money wallet especially Airtel and MTN), giving you access to money when you need it most.
- Quick and Simple Online Applications: Applying for a loan with ZamCash is easy and can be done online, saving you time and hassle.
- Excellent Customer Service: ZamCash is known for its responsive and friendly customer support, always ready to help.
- Partial Payments Accepted: You have the flexibility to make partial payments, which can ease your financial burden.
- Understanding Client Challenges: ZamCash understands the challenges their clients face and offers solutions tailored to individual needs.
- Easy Loan Upgrades: As your financial needs grow, ZamCash makes it simple to upgrade your loan, giving you more flexibility.
- Country Wide Access: Unlike other online and offline loans Zamcash accepts all the interested borrowers in all the 10 provinces of Zambia.
Extended Duration: Zamcash has both 14 and 30 day plan loan returns.
Testimonies from Zamcash old and active borrowers:
ZAMLOAN (Best for Civil Servants with Multiple Loans)
Zamloan is an excellent choice for civil servants and workers who have their salary accounts linked to Zanaco. One of the biggest advantages is that your repayments aren’t deducted directly from your bank account, but instead from your mobile wallet.
This gives you more control over your salary, allowing you to manage your finances without the worry of automatic bank deductions. Whether you need funds for bills, personal expenses, or unexpected emergencies, I have seen this system to more helpful to those who have multiple loans on their Pay Slip(s). Moreover, if your Zamloan loan was declined we have a solution for you on how to resolve that issue.
What makes Zamloan even better is how fast the process is. With instant mobile money loans in Zambia, you don’t have to wait long to receive your funds (as i have earlier reviewed in full). As soon as your loan is approved, the money is immediately transferred to your mobile wallet (Airtel Money or Money), making it perfect for emergencies or when you need quick access to cash. This kind of efficiency means you can take care of your financial needs without unnecessary delays, giving you peace of mind when ever you are at work.
Another reason why Zamloan stands out is their low-interest rates and minimal paperwork. You don’t have to worry about high fees or spending hours gathering documents. The application process is straightforward, and the interest rates are very affordable, ensuring you don’t feel financially stretched. For civil servants and salaried workers with Zanaco accounts, Zamloan offers a reliable, fast, and affordable way to access instant mobile money loans in Zambia.
What We Do Like About Zamloan Loans:
Applying for Zamloan:
When applying for Zamloan, there are less than 8 steps to follow. The images below shows the stages from stage 1 to stage 5. the first stage requires to click the link and the last stages involve to submit and confirm the correct details. Below are the images:
Stage 5, enter other details correctly.
What Others Are Saying About Zamloan:
BiuMoney (Best for Civil servants who are willing to start a ‘simple’ side hassle)
BIU MONEY has similar performance just like Zamcash, in other words it is just the same company with the same services, clients and employees. The only main difference is that BIU MONEY deals more with Civil Servants.
Biumoney loans are a great option for civil servants looking to kickstart a simple side hustle and reduce dependency on their salaries. Whether you’re thinking of launching a small business or taking on a side project.
Biumoney provides easy access to funds with flexible terms, helping you grow without putting too much strain on your finances. Biumoney loans are designed to meet the unique needs of different Zambian government workers, making it the third recommended instant mobile money loans in Zambia for those seeking to boost their income.
What I do like about Biumoney Loans:
How to Apply for Biumoney Loans?
Applying for Biumoney is simple because the process starts online and ends online. We have provided an infographic for you which shows the simplified version of Biumoney application process;
MWACHANGU LOANS (The best instant mobile money loans App)
We have ranked Mwachangu App as number one mobile money App loans service. Their App is user friendly and it does not take much space (storage).
They’ve quickly become one of Zambia’s leading microfinance companies, helping many people ease their financial burdens on a daily basis. What really stands out for me is how fast and efficient their service is, especially when it comes to fill in the details on the App. We all know how overwhelming finances can get, but Mwachangu Microcredit makes the whole process simple and smooth, removing the usual stress.
What I appreciate most is their genuine commitment to people like you and me—offering support when we need it most. It’s not just about handing out loans; they focus on building lasting relationships with their borrowers, showing they truly care about helping us reduce financial stress so that we attain our goals.
Another thing that gives me peace of mind is that Mwachangu Microcredit is fully registered with the Bank of Zambia and the Zambia Microfinance Association. This means they’re trustworthy and meet all the necessary standards, so you can feel secure in partnering with them in anyway. We shall look at other benefits one by one and show you how it qualifies to be counted among the best instant mobile money loans in Zambia.
What i do like about Mwachangu loan App:
LUPIYA
Lupiya loans have made borrowing in Zambia easier and more accessible for everyone. Their straightforward processes and fair requirements mean you don’t have to jump through hoops to get the financing you need. With Lupiya, every Zambian has a real shot at securing a loan. It’s a service I genuinely trust and believe in among the listed top 10 instant mobile money loans in Zambia. For more information visit their website at https://www.lupiya.com
What do i like about Lupiya loans:
- Long term loans up to 60 month
- Higher loan payments up to k1000,000
- Low interest rates
What i don not like about Lupiya Loans:
- Mostly it favours civil servants and big business personnels.
- It is not collateral free loan service
Rapid Loan Pro App
Rapid Loan Pro App is effectively designed to make borrowing money quick and easy. It offers a very easy process, making it one of the great option for those facing an emergency or need to solve for unexpected expenses. Rapid Loan Pro is mostly good instant mobile money loans in Zambia for those who likes very short term loans.
Pros of Using Rapid Loan Pro App
- Rapid Loan Pro App has you covered with a super quick and easy application process. You can apply online or through their app, within few minutes your loan can be approved and funds disbursed in your mobile money account.
- You don’t need to put up any collateral, like a car or house, to secure the loan. This makes it much more accessible for everyday people who just need some cash.
- No hidden fees. You know exactly what to expect in terms of interest rates and repayment, so you can plan ahead with confidence.
- You don’t have to deal with filling out long forms or waiting in line. Everything can be done from the comfort of your home in just a few clicks.
- it offers flexible loan amounts so you can borrow what you need without overcommitting.
- It uses advanced technology to assess your ability to repay your loan.
Cons of Using Rapid Loan Pro App:
- It (Rapid Pro App) comes with higher interest rates compared to other loans we have reviewed. This means you might end up paying more if you don’t pay off the loan within the given time.
- The loans are short-term, so you’ll need to repay them within a tight timeframe. If you need more time to repay, this could be some kind of a challenge.
- Limited Loan Amounts for New Borrowers.
If it’s your first time using Rapid Loan Pro, the amount you can borrow might be smaller. But once you’ve built a history of repaying on time, you could access larger loans. - Rapid Loan Pro does look closely at your credit history and income. If your financial situation isn’t stable, you might not qualify.
- Some people might take out loans without thinking through how they’ll repay them.
PREMIERCREDIT
We have decided to list PremierCredit under instant mobile money loans in Zambia due to the fact that its services matches correctly instant online loans. The following are some of the types of loans offered by premier Credit: Personal Loans, Business Loans and Salary Advance for civil servants only. When your Loan application is done, money is either sent in your Mobile Wallet or your Bank Account.
ELITPAY ZAMBIA
I do like ElitPay Zambia mostly for its variety of flexible loan types it offers to its clients. The following are some types of loans offered by ElitePay: ElitePay Loan package, Micro Personal Loans and Import Duty Loan. Loan Calculator is also available.
POWERKWACHA (APP)
Recently we recommended Rapid Loans Pro as a reliable Loan App, again If you’re on the lookout for a quick and reliable way to get a loan, let me tell you about the PowerKwacha App. I’ve been recommending it to a lot of people because it’s super easy to use and gets the job done without all the hassle. Our review on PowerKwacha Loans tells the whole story
You can apply for a loan right from your phone or tablet no need to stress over going to the bank or filling out a ton of paperwork. we have witnessed that the process is fast, so you won’t be waiting for too long to get the cash you need.
One thing I really like about PowerKwacha is that it’s designed to help you manage your finances responsibly. They’ve got flexible repayment options, so you’re not under pressure, and the interest rates are quite reasonable compared to some other loan services out there.
It’s perfect whether you’re looking to cover an emergency or fund a small project. Give it a try—you won’t regret it! In case your loan is declined just make sure that you recapture your N.R.C and selfie clearly. Remember loan calculator is also available.
TIKACASH LOANS
With TikaCash loans You can borrow up to K2,000, and get this—the money can hit your account in just three minutes! It doesn’t get much faster than that.
TikaCash is reliable, so you can count on them when you need it most. If you’re tired of complicated loan processes, this is the perfect solution. Quick, dependable, and stress-free—definitely worth a shot.
Further Information About TikaCash Loans:
An Illustration of how much you are required to pay:
Loan Amount: ZMW 150 – ZMW 5000 Loan Term: 91-180 days Annual Interest Rate: 11.6% ~ 29.2% Service Fee Rate: Personalized AI service fee Example Calculation For a ZMW 1000 loan over 120 days at a 21% annual interest rate and 1.5% service fee: Daily Interest Rate: 21% / 365 ≈ 0.0005753 (0.05753%) 90-Day Interest: 1000 * 0.0005753 * 120 = 69.036 ZMW Service Charge: 1000 * 0.015 = 15 ZMW Total Repayment: 1000 + 69.036 + 15 = 1084.036 ZMW
AIRTEL MONEY NASOVA LOANS
Airtel Money Na Sova Loan. It’s super convenient because the money goes straight into your Airtel Money wallet. No hassle, no paperwork, and no need to save up first.
Here’s the cool part: if you keep paying your loans on time, you might get a chance at bigger loans with better rates. Right now, Na Sova Cash loans are available for selected Airtel users who regularly use Airtel Money. If that’s you, you’re already halfway there! You don’t even need a bank account—just your Airtel Money wallet.
You can pick loan terms that work for you, like 7, 14, or 21 days. You’ll just need to pay it back in one go at the end of your chosen period. You can only have one loan active at a time, but once you pay it off, you might be eligible for another loan—maybe even a bigger one, depending on how you use your wallet.
Just a heads-up: you’ll need to enter your Airtel Money PIN for every transaction to keep things secure and make sure you’re in control.
What i do like about Airtel NASOVA LOAN
- Higher credit disbursement
- Low interest rate
- Multiple loan duration repayment plans: 7 days, 14 days and 21 days
- Multiple loans options
- Very rare calls when you fail to pay
What i don’t like about AIRTEL NASOVA LOAN
– Once you fail to pay, a 10% increment will be attracted as the penalty.
ZAMTEL CUMA LOANS
Apart from sending, receiving and bill payments Zamtel Money also offers instant mobile money loans in Zambia through their program known as CHUMA, although only few access it.
What i like about ZAMTEL Loans:
- Unlike Airtel and MTN, with Zamtel you could start borrowing money just after three months of activating your SIM card.
- It is the only money lending service in Zambia having the following interest rates and payment terms:
a. 7 days – 10%
b. 14 days – 14%
c. 21 days – 17%
d. 30 days – 18%
What i don’t like about Zamtel Chuma loans
- They are too quick to report someone to the Credit Reference Bureau (CRB. This is well documented on number 20 of their loan term and conditions. Within 6 months of no payment you could be reported to C.R.B.
MTN MONEY LOANS
Mobile Money is a convenient financial service accessible directly from your phone. It not only allows you to send and receive money, pay bills, and transfer funds internationally but also offers a quick and easy solution for your financial needs through instant mobile money loans in Zambia. Whether you need funds urgently or want to save effortlessly, Mobile Money provides loans and savings options right at your fingertips. With just a few taps on your phone, you can access the money you need, making financial management more accessible and stress-free.
The following are the instant mobile money loans in Zambia offered by MTN Money:
- Kasaka loans
- XtraCash Loans
- Xpress Loans by Zanaco
- Ka’Starta
- Zed – Fin Loans (new)
What i do like about MTN Money Loans
- The disbursement is instant
- No need for any paperwork
- Loan upgrades are made instantly after payments
What i do not like about MTN Money Loans
– they easily report a client to C.R.B without a notice and once this is done you will be affected in accessing other instant mobile money loans in Zambia.
Conclusion:
Although our list contains 13 instant mobile money loans in Zambia, there are only three most recommended online loans without collateral these are: Zamcash, Zamloan and Biumoney. Other options may be considered as good depending on one’s needs.
During the process of online loan application, make sure that your provide the accurate personal information. impersonation (using other persons documents), is a serious crime in Zambia. Just submit your correct personal details. If you are asked to submit your National Registration Card (N.R.C) and or Pay Slip, capture, scan and keep the clear copies in your device file folder for the sake of uploads. Whether you are applying for instant mobile money loans in Zambia or any other types of loan use the most active number in terms of mobile money transactions. We do mostly recommend Airtel Money. In addition, make sure that you go through these 9 factors you must consider before getting a loan.
If you have a question or maybe you have used any other good instant mobile money loans in Zambia (not listed above) drop your word in a comment section.
